7th Pay Commission salary hike in Budget 2018: Central government employees on Thursday had high hopes from Budget 2018 in terms of salary hike. But, Finance Minister announced the hike in salaries of only.
Budget 2018: Aghi said that the new policies would give further boost to ‘Make in India’, a programme launched by the government in 2014 to encourage companies to manufacture their products in India.
Budget 2018: Finance minister Arun Jaitley has done well to clarify that the new health insurance scheme the Budget talks of will not involve getting hospitalized and then claiming a reimbursement since, as he said, this makes the scheme very messy – and, presumably, prone to abuse.
Kerala budget 2018: An app-based facility would be launched for people to seek the service of the nearest ambulance from the accident spot and rush the victim to appropriate hospitals.
Budget 2018: The agency, a division of Standard & Poor’s, said government will be breaching the fiscal deficit target for the second consecutive year in FY18.
Budget 2018: Under the scheme, labour intensive export sectors get credit at affordable rates. The allocation for this scheme has been increased from Rs 2,000 crore in 2017-18.
Kerala budget 2018: Presenting the budget for 2018-19 in the state assembly, Finance Minister T M Thomas Isaac said such vehicle owners can avert legal proceedings if they are prepared to remit the actual registration taxes in Kerala.
Kerala Budget 2018: Presenting the 2018-19 state budget, Finance Minister Thomas Isaac said the Rs 2,000 crore comprehensive package is for the overall development of coastal areas and welfare of fishermen, who had borne the brunt of the devastating cyclone on November 29 and 30 last year.
Budget 2018: The UK India Business Council (UKIBC) today welcomed the Budget proposals and said that the government’s Rs 80,000 crore disinvestment and 3.3 per cent of fiscal deficit targets for 2018-19 are achievable. “The governments success in its disinvestment programme should give the markets confidence that the Rs 80,000 crore disinvestment target for 2018-19 is achievable and that a fiscal deficit target of 3.3 per cent of GDP can be met,” UK-India Business Council group CEO Richard Heald said in a statement here.
Budget 2018: “To care for those who cared for us is one of the highest honours” is what Finance Minister Arun Jaitley said while he presented some of the measures to the senior citizens of India. In a last-ditch effort to woo the senior citizens and stressing on the need for the ‘Ease of Living’ for the common men in India before the next general elections
Union Budget 2018: Medical device manufacturers have been left disappointed by the Budget 2018-19, saying their concerns have not been addressed. Although they welcomed Finance Minister Arun Jaitley’s mega healthcare proposal saying it was a step in the right direction.
Budget 2018: Seeking to allay concerns about the funding of the National Health Protection Scheme (NHPS) announced in the Union Budget, Health Minister J P Nadda today assured that finances will never be a problem and said the Centre was working out the nitty-gritties of the programe.
Budget 2018: Aadhaar-issuing body UIDAI has been allocated nearly 15 per cent more funds at Rs 1,375 crore for 2018-19, which are expected to be used for technology upgradation and strengthening the overall capacity. The Unique Identification Authority of India (UIDAI) was given Rs 900 crore in the last Budget, but later the allocation was revised to Rs 1,200 crore.
Budget 2018: Finance Minister Arun Jaitley today said the world’s biggest health cover plan announced in the Budget will be cashless and not a reimbursement scheme, and promised more funds if required depending on the rollout later next financial year.
Railway Budget 2018: A railway employees’ association today said the Union Budget for 2018-19 was “anti-workers” as there was nothing for their welfare. In a statement, the All India Railwaymen’s Federation (AIRF) said the budget came as “a dampener” for the entire sector.
The budget speeches in India are becoming as long as they could. Incumbent Finance Minister Arun Jaitley has emerged as the Union finance minister with the second-longest budget speeches on average. But, then who is the first to give a mammoth speech in the parliament on the Budget Day?
Budget 2018: CBDT Chairman Sushil Chandra told PTI that it has come to the notice of the taxman that while many such investors “did not pay advance tax” on the benefits which they have accrued, some others have not explained these investments in their tax returns in the past.
With a whopping 50% increase from the last Budgetary allocation and a 20% hike from the revised estimate, the infrastructure sector continued to remain one of the thrust areas for the Narendra Modi government in the Union Budget 2018 as well. But there’s one clear winner.
Budget 2018: Finance Minister Arun Jaitley has brought back the Long Term Capital Gains tax on equities and equity funds by the way of insertion of Section 112A under the I-T Act,1961. Here’s how it will impact you.
Budget 2018: With the Union Budget providing tax relief to MSMEs, corporates having turnover of over Rs 250 crore have expressed disappointment saying the move will make “India uncompetitive” and the government failed to keep its promise.
Budget 2018 has been read by economic and political observers in varying ways. When will the next General Elections actually take place? First, considering Modi’s habit of surprising pundits, it is unlikely that Narendra Modi will go for simultaneous elections with a few states later this year.
Budget 2018: Yoga Guru and FMCG giant Patanjali head Baba Ramdev has reacted to the Budget 2018. He called the Budget 2018 pro-poor but accepted that there are reasons for the middle class to be disappointed by the Budget. He himself wished for a change in the income tax slabs.
Budget 2018: In a major offshoot of Union Budget 2018 presented by Finance Minister Arun Jaitley yesterday, the 30 share Sensex registered its biggest single-day fall in two-and-a-half years, and plummeted by more than 840 points to close the week at 35,066, 1,000 around points below its previous close last week.
Budget 2018: Yesterday, Finance Minister Arun Jaitley proposed to lower corporate tax rate to 25 per cent for businesses with turnover up to Rs 250 crore. Retail engagement platform Netree CEO Desi Valli said the move will invite many smaller players to join the formal sector and bring transparency.
Budget 2018: Investment advisers and research analysts are set to attract huge penalties of up to Rs 1 crore for violation of Sebi norms, according to a proposal in the Budget 2018-19. Failure to comply with regulations by individuals with respect to alternative investment funds (AIFs), infrastructure investment trusts (InvITs) and real estate investment trusts (REITs) would also attract similar quantum of penalties.
Union Budget 2018 : A slew of measures announced in the Budget 2018 will transform the farm sector in a big way, increase farmers’ income and help achieve higher growth, Agriculture Secretary S K Pattanayak has said. “It is a pro-farmer budget, very much focused on developing the entire farm sector.
Budget 2018: Finance Minister Arun Jaitley today defended not giving away major relief to middle class by saying the government has already done enough in the past Budget and will further provide succour in the future depending on fiscal space.